8 reasons why water is not the next gold

I’ve noticed an increasing trend in what I call “Water is the Next Gold” articles. On some level, I couldn’t agree more – hence, my career choice. Although, as someone actively engaged in the western water market, I can easily name 8 reasons why water is not the next gold.

1. Gold is simple. Water is complex. Surface water vs. groundwater, simultaneous and interdependent use, just scratch the surface of this complex resource. The only constant with water is change.

Comments

Here are some reasonable remarks. May be it’s the reason why the water market still has to be built, just as oil, its is natural state; does not worth so much but requires derricks, pipelines, oil tankers, derivatives & commodities markets to be tradeable and traded.

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Dedicated to improving environmental quality through property rights and markets.